Hi Guys new to the board and FX-- been reading the ibox and trying to learn as much as possible, alot to take in. Im familiar with charting and TA, but my question is which set-up, strategy works most consistent with forex? I know everybody will have a different opinion but is there one system that is pretty standard?? By the ibox I was looking close at the RSI2,5 setup but didnt know how to apply it. My approach is to scalp by day trading. A friend of mine turned $100 into 7K-- ended up selling out at 3,500 before he lost it all--lol. Hes been going short oil for about a month. He knows nothing about TA--been flying by the seat of his pants!! which never seems to work for me. Just goes to show what being on the right side of a trend can do. Got 2 demo accts that Im playing with Avafx and Oranda. thanks
disclaimer: sonicwedgie has no idea how or where to invest, all
plays have huge upside hope with little substance, please do your own DD and then let me know and I will blindly follow